BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.039%

Price spread now: Orderly against KuCoin+0.452%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Orderly is 0.452% dearer against KuCoin than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BASEDUSDTM	0.06859	0.0148	pay 0.0074% / 4h	2h 13m	$585K	$73K	20x
Short	Orderly PERP_BASED_USDC	0.06890	0.0320	get 0.0160% / 4h	2h 13m	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OrderlybpOrdersPrice spread, now +0.452%Rate

Funding earned: $36.03
Price spread: +0.452% → 0.000%: $45.2
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $63.22
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 46 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 46 min ago	19.72 bp	387.8 bp −$388	963.9 bp −$9,639	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BASEDUSDT	+0.0100%	4h	0.06890	+0.452%	$4.3M	$3.2M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06875	+0.233%	$2.1M	$700K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06885	+0.379%	$2.7M	$3.9M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06877	+0.262%	$541K	$603K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06891	+0.467%	$4.9M	$535K	50x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06892	+0.481%	$1.3M	$383K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06883	+0.350%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06869	+0.144%	$94K	$10K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06829	−0.444%	$92K	$374K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06884	+0.364%	$2K	$926K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BASED-USD	+0.0104%	1h	0.06888	+0.426%	$2K	$231K	5x	as long as short
BloFin BASED-USDT	+0.0107%	4h	0.06888	+0.423%	$259K	$50K	25x	as long as short
KuCoin BASEDUSDTMlong	+0.0148%	4h	0.06859	long leg	$585K	$73K	20x
Aster BASEDUSDT	+0.0154%	4h	0.06882	+0.334%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0320%	4h	0.06890	+0.452%	$3K	$664	10x